Cargo Account Settlement Systems

E54718

IATA system air cargo industry infrastructure financial settlement platform

Cargo Account Settlement Systems is an IATA-developed financial platform that streamlines and automates the billing and settlement of accounts between airlines and freight forwarders in the air cargo industry.

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Observed surface forms (2)

Surface form	Occurrences
Cargo Accounts Settlement System	2
IATA financial settlement systems	1

Statements (47)

Predicate	Object
instanceOf	IATA system ⓘ air cargo industry infrastructure ⓘ financial settlement platform ⓘ
abbreviation	CASS ⓘ
aimsTo	reduce errors in cargo billing and settlement ⓘ shorten payment cycles between airlines and freight forwarders ⓘ support industry-wide financial standards in air cargo ⓘ
benefit	enhances financial transparency in air cargo transactions ⓘ improves cash flow visibility for airlines ⓘ reduces administrative workload for freight forwarders ⓘ reduces payment default risk through standardized settlement ⓘ
dataType	billing data ⓘ cargo sales data ⓘ payment and remittance data ⓘ
developer	International Air Transport Association ⓘ
domain	airline cargo finance ⓘ interline cargo accounting ⓘ
feature	centralized clearing of payments ⓘ consolidated statements for participants ⓘ dispute and adjustment handling for cargo invoices ⓘ scheduled remittance cycles ⓘ standardized billing procedures ⓘ
function	centralize invoicing and payment processing ⓘ provide reporting on cargo sales and remittances ⓘ reconcile cargo sales and payments ⓘ reduce bilateral accounting between airlines and freight forwarders ⓘ standardize financial processes in air cargo ⓘ
governedBy	IATA resolutions and rules ⓘ
industry	air cargo ⓘ
objective	enhance financial security in the air cargo distribution chain ⓘ
operatesIn	multiple IATA regions ⓘ
purpose	automate settlement of accounts between airlines and freight forwarders ⓘ streamline billing between airlines and freight forwarders ⓘ
relatedTo	IATA Cargo Accounts Settlement System manuals ⓘ International Air Transport Association ⓘ surface form: IATA cargo agency program Cargo Account Settlement Systems self-linksurface differs ⓘ surface form: IATA financial settlement systems
stakeholder	International Air Transport Association ⓘ surface form: IATA airlines ⓘ cargo agents ⓘ freight forwarders ⓘ
supports	international air cargo operations ⓘ
supportsProcess	air waybill revenue accounting ⓘ cargo commission calculation ⓘ credit control for cargo agents ⓘ
usedBy	IATA-accredited cargo agents ⓘ participating airlines ⓘ participating freight forwarders ⓘ

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

CASS → abbreviationOf → Cargo Account Settlement Systems ⓘ

this entity surface form: Cargo Accounts Settlement System

International Air Transport Association → developsProgram → Cargo Account Settlement Systems ⓘ

CASS → fullName → Cargo Account Settlement Systems ⓘ

this entity surface form: Cargo Accounts Settlement System

Cargo Account Settlement Systems → relatedTo → Cargo Account Settlement Systems self-linksurface differs ⓘ

this entity surface form: IATA financial settlement systems